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HOOSIER UNITED CREDIT UNION

Jun, 30, 2024 — HOOSIER UNITED CREDIT UNION is a federally insured state chartered credit union headquartered in INDIANAPOLIS, IN with 3 branch locations and about $37.52 million in total assets. Opened 94 years ago in 1931, HOOSIER UNITED CREDIT UNION has about 3,575 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 274073863
Name:HOOSIER UNITED CREDIT UNION
Address:
(Main Office)
1828 N Meridian St Ste 102
INDIANAPOLIS, IN 46202-1452
Phone:(317) 923-4747
Fax:(317) 923-4830
Website:https://www.hoosierunitedcu.com
Branches:3 branch locations
Members:3,575
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67648
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1931
Last Audited:Aug 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$37,521,469
CEO/Manager:Jennifer K Mulligan
Chairperson:David Brokaw

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,705,905
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 180,459
 Unsecured Loans 1,888,865
 Other Loans 9,916,628
 TOTAL LOANS 11,985,952
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -45,902
 Land And Building 0
 Other Fixed Assets 9,044
 NCUSIF Deposit 330,295
 All Other Assets 0
  TOTAL ASSETS 37,521,469
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 99,862
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,143,307
 Regular shares 20,373,209
 All Other Shares & Deposits 7,808,008
  TOTAL SHARES & DEPOSITS 34,324,524
  TOTAL LIABILITIES 34,424,386
 Regular Reserve 0
 Other Reserves 1,388,227
 Undivided Earnings 1,708,856
  TOTAL EQUITY 3,097,083
  TOTAL LIABILITIES, SHARES, & EQUITY 37,521,469
INCOME & EXPENSE  
 Loan Income 389,029
 Investment Income 119,140
 Other Income 81,610
 Total Employee Compensation & Benefits 273,737
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 369,931
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -6,031
 Cost of Funds 7,518
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 60,919
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